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Building Block

Economic development

Economic development

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Summary

Lafourche’s economic assets include overall stronger employment than the region as a whole and major competitive advantages in certain sectors such as transportation, oil and gas support, tourism, and fisheries. Challenges for sustainable growth include a shrinking workforce (the phenomenon that over half of most medium-skilled workers connected to the oil and port industries will retire in the next several years has been aptly dubbed “the great crew change”), and the need to attract and retain young and skilled workers, as well as a strong need for economic diversification.

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